Instimatch Announces Several Senior Hires, Including CTO

Instimatch Global, a network for institutional money market lending, announced this Wednesday that, as part of its global expansion, it has made several senior appointments in its technology, product and strategy areas.

New Recruits for Instimatch

The new additions are Bobby Bhakar, who is the Chief Technology Officer (CTO), Marco Rüfenacht as Managing Director, Julia Scheidwimmer as Head of Sales Germany and Alice Fitton joins as the UK Sales Manager of the company.

Bhakar, the new CTO at Instimatch, was most recently working for money market brokerage BGC Partners. While here, he held senior roles in product strategy and IT delivery for more than ten years.

Rüfenacht, the new MD at the firm, will focus on client management and expand the company’s institutional client base. He is based in Zurich and reports to the Chief Executive Officer (CEO), Daniel Sandmeier.

“Instimatch has an exciting product offering and an innovative team. Instimatch has a clear vision for the future of financial markets and the role technology will play. I look forward to leveraging my network to expand the business and offering for the banking sector,” noted Rüfenacht.

Scheidwimmer also joins the firm from a brokerage - MGW München. In her new role, she will be based in Munich and drive new user growth for German financial institutions. She will report to the CEO.

Leaving venture capital firm Octopus Investments, Fitton will also focus on driving growth onto the platform. Predominately, she will be working with pension funds, banks, family offices and other financial institutions based in the UK.

Commenting on the new recruits, Daniel Sandmeier, CEO, Instimatch Global, said: “We’re focused on bringing the right talent and experience onboard and continue to invest in technology, client service and sales."

“Bobby, Marco, Julia and Alice will prove key in developing our technology and growing the Instimatch network in key markets such as the UK, Germany, Benelux and the Nordic region.”